Dan Larimer tweets, MEOS, ETH, and POW limitations

Daniel Larimer CTO of Block.one has been very active on Twitter today. He started off having a dig at ETH, highlighted some flaws of proof of work, and finished by providing some very interesting insights into what MEOS may look like.

After using #eos for months users report going back to #eth is like going from fiber to dialup. Once you go eos you never want to go back.

Proof of work becomes completely centralized when quantum leap in computation or algo is discovered… dpos stays decentralized regardless of technological developments. You can fork dpos easily, but creating a new resistant proof of work is very difficult.

What I mean by this is that there is a scarcity of bandwidth on any communication channel such as a blockchain. Everyone should have a chance to broadcast on that channel if they pay market rates and the proceeds go to those who didn’t get to speak.

Douglas Horn, the creator of the Telos blockchain, had an interesting reply highlighting a possible flaw in the concept. It’s really hard to speculate on what the possible flaws or solutions may be in a platform like Dan describes here, but it sure is fun!

Maybe there’s a certain amount of inflation within the platform distributed like a URI which allows all people to have a certain amount of air time?

I can’t help but wonder if MEOS will bring together Dan’s ideas of URI and Unique ID which he has claimed to have solved in the past. Only time will tell. #B1June

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